Apex Equity Ex-Top 100 Long-short Fund-Regular Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Solid MFIQ Score of 6.0/10 reflects sound fundamentals and risk management.
- Expense ratio (4.52%) is higher than category median (2.52%), which creates fee drag over time.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | -0.50% | +6.32% | -6.82% |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -0.20% | +4.03% | -4.23% |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related securities of Ex Top 100 Companies* (including up to 25% in Unhedged short exposure through derivative instruments)# | 65% - 100% Other Equity & Equity Related Instruments# - 0%- 35% |
| Debt, Cash & Money Market Instruments | 0% - 35% Units issued by InvITs- 0%- 20% |
| *Ex-top 100 companies shall be all companies other than large cap companies. The Large cap companies as identified and disclosed by AMFI, shall be considered. | Per Scheme Mandate |
| As per paragraph 3.9 of the Master Circular, Large Cap companies are defined as 1st –100th company in terms of full market capitalization. Mutual Funds are required to follow the list of stocks provided by AMFI in this regard. | Per Scheme Mandate |
| #Derivatives exposure will be up to 100% of net assets and unhedged short position can be up to 25% of net assets. Exposure through such derivative Instruments (including unhedged short exposure) shall include Stock / Index Futures, Stock / Index Options and other derivative instruments permitted by SEBI. | Per Scheme Mandate |
Investment Objective & Strategy
To generate capital appreciation in long term by investing in equity and equity related securities of Ex – top 100 companies. The Investment Strategy may also invest in various derivative instruments, including short exposure through unhedged derivative positions in equity and equity related instruments. There is no assurance that the investment objective of the Investment strategy will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 77.2 cr (AMFI Quarterly AAUM (All Plans) as of 2026-09-30). Positioned as too small relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| SBI HEALTHCARE OPPORTUNITIES FUND | 7.2 | +23.97% | 1.98% | 43.4% | Rs 6,504 cr | Compare → |
| UTI Healthcare Fund | 7.0 | +22.74% | 2.20% | 57.0% | Rs 1,536 cr | Compare → |
| Mirae Asset Healthcare Fund | 7.9 | +22.67% | - | 45.7% | Rs 3,828 cr | Compare → |
| Nippon India Taiwan Equity fund | 7.2 | +45.47% | 2.39% | -77.2% | Rs 806 cr | Compare → |
| DSP Healthcare Fund | 8.0 | +20.31% | 2.04% | 53.2% | Rs 3,946 cr | Compare → |
Frequently Asked Questions about Apex Equity Ex Top 100 Long short Fund
What is the expense ratio of Apex Equity Ex Top 100 Long short Fund?
Apex Equity Ex Top 100 Long short Fund has a total expense ratio (TER) of 4.52% with a base expense ratio of 2.01%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages Apex Equity Ex Top 100 Long short Fund?
Apex Equity Ex Top 100 Long short Fund is managed by Manish Gupta (tenure: 0.2 years since 2026-08-31).
What are the historical returns of Apex Equity Ex Top 100 Long short Fund?
Apex Equity Ex Top 100 Long short Fund has a 1-year return of -.
How large is Apex Equity Ex Top 100 Long short Fund?
Apex Equity Ex Top 100 Long short Fund manages assets of Rs 77.2 cr, placing it in the 'too small' size band relative to Sectoral / Thematic peers.
How is Apex Equity Ex Top 100 Long short Fund scored on MFIQ?
Apex Equity Ex Top 100 Long short Fund holds an MFIQ Score of 6.0/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Apex Equity Ex Top 100 Long short Fund?
Apex Equity Ex Top 100 Long short Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is - with a maximum historical drawdown of -1.69%.